INDIAN CARD CLOTHING COMPANY
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The Current P/E Ratio of INDIAN CARD CLOTHING COMPANY is 2.07.
Share Price | ₹264.5 | Nov 22,2024 |
Market Cap | ₹156.1 Cr | |
Earnings-TTM | ₹75.3 Cr | TTM-Consolidated Results |
Price/Earnings | 2.07x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of INDIAN CARD CLOTHING COMPANY
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹156.1 Cr] as on Nov 22,2024
(/) Earnings [ ₹75.3 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 2.07x ]
Thus, for INDIAN CARD CLOTHING COMPANY , the investors are currently willing to pay 2.07 times earnings to own 1 share of the company.
PE Multiples are the most widely used valuation multiple in practice.
Since P/E ratio uses Net Income in the calculation, P/E multiples are not always reliable for valuing companies with negative earnings.
In such cases, you may consider using Price to Book ratio or Price to Sales ratio of INDIAN CARD CLOTHING COMPANY !
P/E ratios, also, would not adjust for differences in the capital structure between companies.
The chart below summarizes the trend in P/E Ratio of INDIAN CARD CLOTHING COMPANY over the last five years.
Historical PE (Price/Earnings) ratio chart of INDIAN CARD CLOTHING COMPANY
PE Ratio Performance Analysis for INDIAN CARD CLOTHING COMPANY
- INDIAN CARD CLOTHING COMPANY 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 10.71x.
- INDIAN CARD CLOTHING COMPANY 's operated at median p/e ratio of 0.88x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, INDIAN CARD CLOTHING COMPANY 's p/e ratio peaked in Mar2023 at 34.28x.
- INDIAN CARD CLOTHING COMPANY 's p/e ratio hit its five-year low in Mar2021 of 0x.
How does INDIAN CARD CLOTHING COMPANY 's P/E Ratio benchmark against top 10 peers in Textile - Machinery Industry?
Peer Comparison (Textile - Machinery Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
---|---|---|---|
INDIAN CARD CLOTHING COMPANY | 75.28 | 2.07 | 156.1 |
LAKSHMI MACHINE WORKS LTD | 200.23 | 80.28 | 16,074.5 |
STOVEC INDUSTRIES LTD | 15.44 | 38.26 | 590.5 |
Textile - Machinery Industry Benchmark (Top 10) PE Analysis vs INDIAN CARD CLOTHING COMPANY 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | 2.07x |
Max industry PE | 80.28x |
Median industry PE | 38.26x |
Average industry PE | 40.20x |
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